Finance Director

General Statement of Duties

Performs complex professional and difficult administrative work in planning, organizing, and directing the financial activities of the City.

An employee in this class plans and directs the disbursement and accounting of revenues and expenditures for the City. Work involves supervision of the budget, accounting, utility billing and collections, general revenue collections, and payroll operations. The employee must exercise considerable independent judgment and initiative in planning and directing the fiscal control system. Work is performed in accordance with established municipal finance procedures, local ordinances and North Carolina General Statutes governing the responsibilities of local government accountants.

Work is performed under the direction of the City Manager and is evaluated through conferences, reports, and by an independent audit of financial records.

• Plans, organizes, and directs the operations of the Finance Department, including disbursement and accounting of municipal funds, utility billing and revenue collections, cash collections, investments, and payroll; supervises staff assigned to these functions.
• Prepares monthly, quarterly, and annual financial reports for department heads, City Manager and Board, and as needed for state, federal and private bond rating agencies; attends Board meetings.
• Supervises and participates in risk management functions; evaluates coverage for Workers Compensation, medical and property and casualty coverages.
• Manages receipt and investment of all City revenues.
• Reviews and monitors ongoing administration of budget; monitors revenues and expenditures; monitors posting of billing and collections to the general ledger and makes corrections as needed.
• Advise the Manager and assist department heads in the preparation of the general operating and capital improvements budget; reviews budget system and financial conditions and develops methods of improvement.
• Assist the auditors during the annual audit of City financial records; follow up on findings to improve financial systems; prepare portions of the Comprehensive Annual Financial Report.
• Serve as a member of the team, along with the City Manager in the preparation of the general operating and capital improvements budgets; review departmental budget requests for accuracy and justification of resource allocation and expenditures; work with the Manager in directing the formulation of City financial policies and in the preparation of the annual budget; advise Board on fiscal matters.
• Maintain a general accounting system for the City; maintain financial records for each department; prepare budget amendments as necessary.
• Maintain financial records for Oxford Economic Development Corporation and Parking Authority.
• Research, recommend, and administer computer information systems for the City's general administration functions; oversee coordination with hardware and software vendors; insure proper confidentiality and security of records; ensure staff are properly trained to use systems.
• Hire staff; provide performance counseling and evaluation, training, direction, and a motivational environment.
• Prepare grant applications and grant paperwork.

Performs related duties as required.